It is a new trading week and we are ready to lay out some fresh Forex Big Trade orders. Nearly all of the major currencies are in play this week with AU CPI, FOMC, RBNZ, BoJ and UK GDP on the calendar. This morning’s German IFO report was also worse than expected reinforcing ECB President Draghi’s warning that more easing could be on its way in March.

We are laying out 2 sets of orders this morning -- on the back of the IFO and ahead of AU CPI. We are also actively watching USD/JPY and USD/CAD -- 2 pairs that we want to sell higher.